XML 61 R46.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Segment Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information by Segment | The tables below present information about the Company’s reportable segments for the years ended December 31 (in thousands).
2024 |  |  |  |
| Research | Conferences | Consulting | Consolidated
Revenues | $ | 5,125,650 |  | $ | 583,224 |  | $ | 558,537 |  | $ | 6,267,411 |
Less: |  |  |  |
Personnel expenses | 1,125,694 |  | 67,326 |  | 324,890 |  | 1,517,910 |
Product and content delivery expenses | 179,784 |  | 215,664 |  | 14,775 |  | 410,223 |
Other (1) | 27,329 |  | 18,825 |  | 15,580 |  | 61,734 |
Gross contribution | 3,792,843 |  | 281,409 |  | 203,292 |  | 4,277,544 |
Cost of services and product development - unallocated (2) |  |  |  | 33,155 |
Selling, general and administrative |  |  |  | 2,884,814 |
Depreciation and amortization |  |  |  | 202,315 |
Acquisition and integration charges |  |  |  | 973 |
Interest expenses and other, net |  |  |  | 68,913 |
Gain on event cancellation insurance claims |  |  |  | (300,000) |
Income before income taxes |  |  |  | $ | 1,387,374 |
2023 |  |  |  |
| Research | Conferences | Consulting | Consolidated
Revenues | $ | 4,887,046 |  | $ | 505,164 |  | $ | 514,746 |  | $ | 5,906,956 |
Less: |  |  |  |
Personnel expenses | 1,071,315 |  | 56,708 |  | 308,580 |  | 1,436,603 |
Product and content delivery expenses | 193,234 |  | 178,675 |  | 8,978 |  | 380,887 |
Other (1) | 22,354 |  | 16,042 |  | 15,687 |  | 54,083 |
Gross contribution | 3,600,143 |  | 253,739 |  | 181,501 |  | 4,035,383 |
Cost of services and product development - unallocated (2) |  |  |  | 31,667 |
Selling, general and administrative |  |  |  | 2,701,542 |
Depreciation and amortization |  |  |  | 191,103 |
Acquisition and integration charges |  |  |  | 9,587 |
Gain from sale of divested operation |  |  |  | (135,410) |
Interest expenses and other, net |  |  |  | 92,842 |
Gain on event cancellation insurance claims |  |  |  | (3,077) |
Income before income taxes |  |  |  | $ | 1,147,129 |
2022 |  |  |  |
| Research | Conferences | Consulting | Consolidated
Revenues | $ | 4,604,791 |  | $ | 389,273 |  | $ | 481,782 |  | $ | 5,475,846 |
Less: |  |  |  |
Personnel expenses | 963,437 |  | 43,176 |  | 270,769 |  | 1,277,382 |
Product and content delivery expenses | 212,143 |  | 125,528 |  | 10,504 |  | 348,175 |
Other (1) | 14,637 |  | 9,843 |  | 10,675 |  | 35,155 |
Gross contribution | 3,414,574 |  | 210,726 |  | 189,834 |  | 3,815,134 |
Cost of services and product development - unallocated (2) |  |  |  | 33,059 |
Selling, general and administrative |  |  |  | 2,480,944 |
Depreciation and amortization |  |  |  | 191,946 |
Acquisition and integration charges |  |  |  | 9,079 |
Interest expenses and other, net |  |  |  | 72,911 |
Income before income taxes |  |  |  | $ | 1,027,195 |
(1)Other consists primarily of travel and entertainment and workplace expenses. (2)The unallocated amounts consist of certain bonus and fringe costs recorded in consolidated Cost of services and product development that are not allocated to segment expense. The Company’s policy is to allocate bonuses to segments at 100% of a segment employee’s target bonus. Amounts above or below 100% are absorbed by corporate.
Schedule of Revenue from External Customers and Long-Lived Assets by Geographical Areas | Disaggregated revenue information by reportable segment for the three years ended December 31, 2024 is presented in Note 9 — Revenue and Related Matters. Long-lived asset information by geographic location as of December 31 is summarized in the table below (in thousands).
| 2024 |  | 2023
Long-lived assets (1): |  |  |
United States and Canada | $ | 574,559 |  |  | $ | 625,269 |
Europe, Middle East and Africa | 326,196 |  |  | 233,272 |
Other International | 97,491 |  |  | 110,274 |
Total long-lived assets | $ | 998,246 |  |  | $ | 968,815 |
(1)Excludes goodwill and intangible assets for all dates.

X
- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
Name: | us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration